
On a public holiday in the US and the UK, the JPY gained strength and reversed part of itslast week’s losses. The NIKKEI 225 index dropped about 290 points, almost 1%,moving away from its three-week high reached on Friday after the GovernmentJapan decided to extend the state of emergency in Tokyo, Osaka and seven other prefecturesuntil the 20th of June. Among local economic data, retail sales increased12% in the year in April, its biggest growth since March 1997, while productionindustrial grew 2.5% in the month. Meanwhile, the consumer confidence indexdecreased 0.6 point from the previous month, the weakest reading since February, whilenew home construction increased 7.1% year-on-year in April, the secondconsecutive month of growth and the strongest pace since March 2019.Nikkei 225 lost 0.55%
Entry: 2:52 pm (5/27/2021)Departure: 02:49 (05/31/2021)Result: 100 points